What is Offer For Sale or OFS?
An Offer For Sale (OFS) allows the promoter of a company to sell their shares to institutional and retail investors.
In an OFS, the promoter approaches the stock exchange with details of the offer. Once the OFS window opens on the exchange, an investor can place bids to express their interest in buying shares of the company. Click here to know how to apply for an OFS and how the bidding process works.